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Re: Mattu post# 22365

Wednesday, 04/09/2003 5:54:50 PM

Wednesday, April 09, 2003 5:54:50 PM

Post# of 222326
Matt, Cassandra raised some very good points and some of your responses to her points seem less than productive. I think your view that we all have a reason to post here is particularly limiting and inaccurate (if I understand you correctly). You seem to think that all participants are posting to cause the stock to go up or down, at least that's what you said in the following excerpt:

"We all have reasons to post here. If I'm posting about a stock, I want it to go up. If you go to a board talking trash, you want it to go down. Simple as that. We all have motives or we wouldn't waste our time."

My personal experience tells me that your generalization does not hold true in all cases. I can speak honestly from my perspective, some of the reasons I participate on the IDCC board. I have a variety of interests, I can't just follow one pursuit all day or all year and following IDCC is one of those interests. It's a very interesting company, I am always interested in seeing how people take money from others. This happens on many levels with IDCC, royalties from manufacturers, stock options to management, share price manipulation to maximize those options, etc.

And although I do not have an engineering degree, I am an engineer at heart and you know how engineers are when it comes to accuracy, etc. I think I have a natural desire for order and for all the pieces of the puzzle to fit. The IDCC story as told by most of the bulls doesn't fit into that mold. I am always trying to fix it, I find it interesting and challenging.

When I find a stock that has a story that doesn't make sense I have a natural desire to find out why. If I find out that the truth isn't being represented I am more than willing to share my discoveries with those who it matters most to. On RB I spent a number of months challenging people who were pumping a scam company called Safe Transportation Systems Inc. (SFTS)

I exposed a number of the lies about their technology and the "longs" hated my presence there but I'm sure I must have made a few new investors think twice before they bought the story hook line and sinker. Good thing too, that stock lost over 99% of its value in the following 15 months. Had there been a "private club" board I'm sure the promoters would have set up shop there to avoid those who were bringing reason to the equation.

I never owned SFTS (long or short) and never intended to. So even you would have to admit my participation there was entirely non monetary. It surprises me that some people cannot comprehend that others actually take pleasure in setting the record straight, no financial gain contemplated. Not everyone is driven by the money motive and why would anyone want to exclude reasonable, intelligent participants who simply realize satisfaction in setting the record straight and helping others to look past the often one-sided story told by the "knowledgeable longs"?

There was an IDCC "Club Board" on RB and it was always difficult to challenge some of the misinformation that was posted there as fact when I wasn't authorized to post there. Of course the person who ran the board pretended to be even handed and I think most of the participants actually believed the only people that were excluded were the loonies and so they were blissfully unaware that much of what was being posted was less than truthful (although it made everyone feel more comfortable about their sometimes sizeable investments in IDCC).

Moving on, I think you are over-reaching the boundaries of decency when you accuse Cassandra of being "the *exact* opposite of a pumper" and go on to ask, "Who's worse?". Cassandra doesn't manipulate the facts to make her case, the facts are her friend. It's the people motivated by money who routinely provide distorted facts and observations that don't match reality, not Cassandra. To try to consider her participation in the same mold as a pumper is ignoring all the work she puts into her participation.

Finally, look at who is causing the REAL problem. It's all the cry babies who are too lame to go to the next post and too cheap to support the service with real money. How long can Ihubs business model be viable if it's dependent upon these whiners for revenue? Believe me, they won't shut up when you give them club boards, they will have a new gripe, who should be in the club, who should be in charge of the club, etc. It will never end.

Good luck trying to please everyone!

Once







The best way to convince a fool that he is wrong is to let him have his own way.

~ ~ ~ Josh Billings

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